Amkor Technology (AMKR) Beats Stock Market Upswing: What Investors Need to Know

Group 1 - Amkor Technology (AMKR) closed at $20.45, with a +2.82% increase from the previous day, outperforming the S&P 500 which gained 0.94% [1] - Over the past month, Amkor's shares have increased by 0.81%, while the Computer and Technology sector rose by 3.9% and the S&P 500 by 1.67% [1] Group 2 - Amkor Technology is expected to report an EPS of $0.16, indicating a 40.74% decrease from the same quarter last year, with projected revenue of $1.42 billion, down 2.51% year-over-year [2] - For the annual period, earnings are anticipated to be $1.18 per share and revenue at $6.11 billion, reflecting declines of -17.48% and -3.24% respectively from the previous year [3] Group 3 - Recent analyst estimate revisions for Amkor Technology suggest a positive outlook, as these changes are often indicative of near-term business trends [3] - The Zacks Rank system, which evaluates estimate changes, currently rates Amkor Technology as 5 (Strong Sell), with a stagnant consensus EPS projection over the past 30 days [5] Group 4 - Amkor Technology has a Forward P/E ratio of 16.89, which is lower than the industry average Forward P/E of 24.1, indicating a valuation discount [6] - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 84, placing it in the top 35% of over 250 industries [6]